Has Trump kept his promises to U.S. manufacturing and Carrier?

As president-elect, Trump cut a deal to keep a manufacturing plant in Indiana. But the industry's workers have still taken a hit.
A Federal Reserve analysis found that the trade war with China actually ended up costing more U.S. manufacturing jobs than it created.
Tasos Katopodis/Getty Images

Keeping jobs in the U.S. just doesn't make sense for Carrier's bottom line

James Briggs from the Indianapolis Star gives an update on the layoffs at the furnace and air conditioner factory.

Companies try to avoid the Trump Twitter treatment

Jan 18, 2017
It’s not even Inauguration Day yet, but we’re getting a pretty clear sense of President-elect Donald Trump’s negotiating style with corporate America. His tweets have chastised manufacturers like Carrier, GM and Ford for outsourcing jobs, prompting those companies to promise to add or retain jobs domestically. And now several others are promising expansions and investments […]

Carrier to raise commercial prices

Dec 5, 2016
They say it's not related to what happened in Indianapolis.
Vice President-elect Governor Mike Pence greeets President-elect Donald Trump as he takes the stage to speak to workers at Carrier air conditioning and heating on December 1, 2016 in Indianapolis, Indiana. 

 
Tasos Katopodis/Getty Images

What politicians don’t get: companies don’t want to create jobs

Dec 1, 2016
Corporations see their workforce as an expense, not an asset.
President-elect Donald Trump puts on a miner's hat while speaking during a rally on May 5, 2016 in Charleston, West Virginia. 

 
BRENDAN SMIALOWSKI/AFP/Getty Images

Trump's Carrier deal “is not policy," experts say

Dec 1, 2016
Details are still unclear, and it may not be replicable.
A view of a Carrier factory in France. Donald Trump recently struck a deal with Carrier that would keep some 1,000 jobs in Indiana. 
JEAN-PHILIPPE KSIAZEK/AFP/Getty Images

Carrier’s parent spends billions on its shareholders

Dec 1, 2016
United Technologies wants to raise profits by using Mexican labor, but it’s spending $16 billion buying back its own shares.
A technician walks in a workshop at a Carrier factory in Montluel, eastern France. 
JEAN-PHILIPPE KSIAZEK/AFP/Getty Images

For public good, not for profit.